| Euro Rallies To Fresh Month High As Growth Outlook Improves, British Pound Continues To Track Higher (DailyFX) The Euro pared the decline from the previous day and rallied to a fresh monthly high of 1.3091 during the overnight trade, and the single-currency may continue to retrace the decline from earlier this year as the economic docket reinforced an improved outlook for the region. finance.yahoo.com |
Yen weakens after officials sharpen warnings (at MarketWatch) The U.S. dollar gains against its Japanese counterpart amid reports that Prime Minister Naoto Kan called the yen s rise rough, even though he stopped short of indicating any action would be taken to weaken the Japanese currency. us.rd.yahoo.com |
Charting foreign exchange trends [at MarketWatch] - The dollar, euro and yen dominate foreign exchange trading, but other currency pairs are gaining traction. us.rd.yahoo.com |
Trichet: Excess forex volatility bad for stability European Central Bank President Jean-Claude Trichet on Thursday said "excess volatility" in foreign-exchange rates is "adverse" for economic stability. Asked about the euro's recent rise, Trichet reiterated that he shares the view of U.S. officials that a strong dollar is in the interest of the United States. us.rd.yahoo.com |
Currencies: Dollar stays down after Beige Book Greenback gives back most of the gains logged in the wake of China's tightening move. us.rd.yahoo.com |